Cite JOURNAL ARTICLE
Policy Goals and Outcomes in ‘Three Worlds of Welfare Capitalism’
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 123 (2003), Iss. 1 : pp. 27–41
Measures of income mobility should be valuable for assessing performance in achieving national policy goals. We propose a portfolio of measures to assess policy goals relating to 1. economic growth and rising living standards 2. equality of opportunity 3. equality of outcomes 4. income security and 5. social solidarity. The measures are used to assess recent policy performance in the US, Germany and the Netherlands. These countries are taken as cases (‘best cases’ in terms of economic performance) of Esping-Andersen’s (1990) ‘three worlds of welfare capitalism’.